Echobit Market Update | Policy Tailwinds Fail to Ignite Risk Rally as Bitcoin Breaks Below $100K
2025.11.17
After more than 40 days of government shutdown, the U.S. officially reopened—yet the market reaction was anything but celebratory. Instead of the anticipated relief rally, both equities and crypto experienced a sharp, synchronized decline on November 13. Bitcoin retraced immediately after the announcement, briefly breaking below the key $100,000 psychological level.
Despite strong macro tailwinds—particularly the Federal Reserve’s increasingly accommodative stance—short-term price action continues to show fatigue and structural weakness.
Matrixport’s latest report highlights that several of their long-standing trend and on-chain indicators turned bearish well before this downturn began. Weaker ETF inflows, reduced exposure from early investors, and the lack of immediate macro catalysts have pushed Bitcoin into a “mini bear market” pattern historically defined by disciplined risk management and respect for key signals.
According to Echobit Research, the market is now at a critical inflection point. The next directional move will likely depend on upcoming policy decisions from the Federal Reserve as well as broader liquidity conditions.
The Echobit Research team believes that the market is currently at a critical structural juncture. Any clear signals from macro policies, liquidity trends, or upcoming Federal Reserve meetings may determine whether the market continues to decline or enters a new base-building phase.
During this period, several key factors will be closely monitored: whether the Federal Reserve shifts more decisively toward an easing stance, whether ETF inflows regain upward momentum, whether long-term on-chain holders begin to re-accumulate, and whether Bitcoin can establish effective support at key structural levels.
Overall, short-term volatility may intensify, but the long-term direction of the market will hinge on the next major policy and liquidity shift. Echobit will continue to provide users with timely market insights and professional analysis.